Goldman Sachs reports drop in quarterly profit

Oil prices will surge to $100 this year, Goldman Sachs warns

(CNN) — Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling higher prices at the pump are on the way.In a Monday evening report to clients, the Wall Street bank backed up its bullish call by citing “robust fundamentals” in the oil market, a “surprisingly large” supply deficit and diminishing firepower from OPEC and its allies. Goldman Sachs also pointed to diminished appetite to…

Goldman Sachs drops as 4th-quarter earnings miss estimates on equity trading decline

Goldman Sachs increased its provision for credit losses significantly to $344 million in the quarter due to increased credit card balances.

Oil prices will surge to $100 this year, Goldman Sachs warns

Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling higher prices at the pump are on the way.

Goldman Sachs profit misses estimates on weak equity trading

January 18, 2022(Reuters) -Goldman Sachs Group Inc fourth-quarter profit fell nearly 13% and missed market expectations on Tuesday as weak trading activity dampened a bumper year for deals, sending the shares of Wall Street’s premier investment bank down 3%.Goldman’s trading unit reported a lower profit in the quarter ended Dec. 31 compared to last year as a more stable economy resulted in less volatility and fewer swings in financial markets. T…

Goldman Sachs reports drop in quarterly profit

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Goldman Sachs profit misses estimates on weak equity trading

(Reuters) - Goldman Sachs Group Inc reported fourth-quarter profit on Tuesday that missed market expectations as weak trading activity overshadowed a bumper year for mergers and acquisitions for Wall Street's